MergerPlace

Adult Day Services

Minnesota


  • Asking Price: $500,000
  • Gross Income: $878,880
  • Cash Flow: $125,192
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $150,000
  • Listing ID: #214506
  • Established: 2004
  • Employees: 4 FT / 5 PT

Business Description

The adult day service provides Physical therapist approved exercise programs, Nursing assistance, Music, Gardening, Indoor golf and bowling exercises and book club to name a few.


Business Details

Primary Business Category: Health Care - Nursing & Residential
Location: Minnesota

Company Information

Year Established: 2004
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 4 FT / 5 PT

Financial Information

Asking Price: $500,000
Gross Revenue: $878,880
Cash Flow: $125,192
FF&E: $150,000
Seller Financing Available: No

Property Information

Facilities:

The business operates from a 6,500 square foot facility with easy access.

Competition:

This is the only Adult Day Care Center in the area that provides all these services.

Reason for selling:

Owner is retiring from Adult Day Care business.

Support & Training:

Will train for 4 weeks @ no cost The business operates with a manager and full staff. The owner dedicates approximately 20 hours a week to the Day Care Center. The business is licensed for up to 70 clients with the average throughout the year being 50 plus clients. Adult Day Care and Home Care License from the State of Minnesota in required. Pay from the clients will come from Private Pay, VA, All state waivers programs and long term care insurance.

Contact Business Seller

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Business Listed By:

Dan Bauer

Murphy Business Brokers